F5 Networks Inc. (FFIV: Quote) announced the resignation of Mark Anderson, the company's Executive Vice President of Worldwide Sales, after the bell Wednesday. Dave Feringa, currently Senior Vice President, Americas Sales, has been appointed to take over for Mr. Anderson.
F5 Networks gapped open sharply lower Thursday and is now down 6.45 at $101.09 on above average volume. The stock has been falling for the last 3 1/2 weeks and has set nearly a 5-month low.
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by RTT Staff Writer
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